Ellington Financial
103 hedge funds and large institutions have $373M invested in Ellington Financial in 2019 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 45 increasing their positions, 16 reducing their positions, and 8 closing their positions.
3,187% more call options, than puts
Call options by funds: $13.3M | Put options by funds: $404K
181% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 16
175% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 8
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
22% more capital invested
Capital invested by funds: $307M → $373M (+$66.4M)
16% more funds holding
Funds holding: 89 → 103 (+14)
3.75% more ownership
Funds ownership: 57.42% → 61.17% (+3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$28.3M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$5.93M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.56M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$4.89M |
| 5 |
RGREA
Ranger Global Real Estate Advisors
Denver,
Colorado
|
+$4.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.15M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$4.56M |
| 3 |
Renaissance Technologies
New York
|
-$2.52M |
| 4 |
JP Morgan Chase
New York
|
-$2.42M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$1.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIC
101
Ameritas Investment Company
Lincoln,
Nebraska
| $1K | +$853 | +48 | New |
|
|
USAA
102
United Services Automobile Association
San Antonio,
Texas
| – | -$1.75M | -97,475 | Closed |
|
103
Arrowstreet Capital
Boston,
Massachusetts
| – | -$1.63M | -90,457 | Closed |
|
|
AC
104
Almitas Capital
Santa Monica,
California
| – | -$970K | -53,957 | Closed |
|
|
MSL
105
Mackay Shields LLC
New York
| – | -$532K | -29,600 | Closed |
|
|
ECM
106
ExodusPoint Capital Management
New York
| – | -$235K | -13,100 | Closed |
|
107
Wolverine Trading
Chicago,
Illinois
| – | -$184K | -10,220 | Closed |
|
|
DWM
108
Doyle Wealth Management
St. Petersburg,
Florida
| – | -$11K | -600 | Closed |
|
109
Simplex Trading
Chicago,
Illinois
| – | -$2.31K | -130 | Closed |
|
|
FGAM
110
Financial Gravity Asset Management
Lakeway,
Texas
| – | +$213 | +12 | +100% |
|
EFC Hedge Fund Activity: Q3 2019 in Review
103 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Ellington Financial (EFC) for Q3 2019, worth a combined $373M — up 22% from $307M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new EFC positions and 8 closed out — a net gain of 14 holders — while 45 added to existing stakes and 16 trimmed.
The largest buyer was BlackRock, adding an estimated $28.3M. The largest seller was Morgan Stanley, cutting an estimated $5.15M.
- 103 institutional investors held Ellington Financial (EFC) as of Q3 2019, up from 89 in Q2 2019.
- Funds reported $373M of Ellington Financial stock for Q3 2019, up 22% quarter-over-quarter.
- 22 funds opened new Ellington Financial positions in Q3 2019 and 8 closed out, a net change of +14 holders.
- The largest Ellington Financial buyer in Q3 2019 was BlackRock, an estimated $28.3M added.
- The largest Ellington Financial seller in Q3 2019 was Morgan Stanley, an estimated $5.15M sold.
Based on aggregated 13F filings for Q3 2019.